Trader123's trading idea

[trader123]

High yield currency continues to be in favour after downside risks appear to have diminished.

Bought 100,000 NZD/USD at 0.7578
Place GTC stop at 0.7538
Target level at 0.7640

[trader123]

My proven indicator is still showing buy signal for AUD/USD.

Bought 100,000 AUD/USD at 0.9570
Place GTC stop at 0.9520
Target level at 0.9620

[Sweet Pip]

Originally Posted by trader123

My proven indicator is still showing buy signal for AUD/USD.

Hi trader123...what is your "Proven Indicator"?

Thanks

[VulcanClassic]

Maybe he'll tell you for $99.99.

[akeakamai]

Originally Posted by VulcanClassic

Maybe he'll tell you for $99.99.

His NZD/USD trade got stopped out earlier this afternoon for Loss of $400 USD. So far his losses have been bigger than his gains, bad risk management!

[trader123]

In my previous NZD/USD trade, my position was stopped out, then NZDUSD proceeds its way up. Realised loss is US$400.

Often the question asked by my readers is that: maybe we shouldnt put a stop for our trades. This is a no no, a stop must be placed. If you are frustrated over being stopped out despite being right in your view, the other way to trade is binary option trading.

My proven indicator is still signal buy for NZD/USD. The most encouraging thing in my trading is that my proven indicator has proven again and again to be correct and reliable. My NZD/USD and EUR/GBP trades were stopped out first before they continue its way up which is what my indicator had signaled.

Today I place US$100 Over trade for NZD/USD daily, strike price is 0.7587, odds is 1.500. If NZD/USD closed above at 0.7587 at 5am China time, I will win this trade. If I win, I will profit US$150. If I lose, my lost is US$100.

Trading platform is mentioned in my home page, I'm not allowed to post any the website of the platform here.

[trader123]

Originally Posted by akeakamai

His NZD/USD trade got stopped out earlier this afternoon for Loss of $400 USD. So far his losses have been bigger than his gains, bad risk management!

No, I have more winning trades than losing trades.

I had opened a platform that trades in forex and commodities early this year with a deposit of US$5000, now my equity is up more than 50%.

I post all my trades in my website. You can visit my homepage to take a look.

[trader123]

Originally Posted by trader123

My proven indicator is still showing buy signal for AUD/USD.

Bought 100,000 AUD/USD at 0.9570
Place GTC stop at 0.9520
Target level at 0.9620

I had bought 100,000 AUD/USD at 0.9570, place GTC stop at 0.9520, target level at 0.9620.

AUD/USD goes above 0.9620, so my position is closed at a profit.
Realised gain is US$500.

My indicator has proven to be reliable, accurate and profitable.

[akeakamai]

Originally Posted by trader123

I had bought 100,000 AUD/USD at 0.9570, place GTC stop at 0.9520, target level at 0.9620.

AUD/USD goes above 0.9620, so my position is closed at a profit.
Realised gain is US$500.

My indicator has proven to be reliable, accurate and profitable.

Then what do you have to prove by posting your "signals" here, with nothing but a mysterious "indicator" as the source of all the success. You set yourself up to either be a successful jerk, or a lying loser... your choice.

[mastergunner99]

Originally Posted by trader123

The most encouraging thing in my trading is that my proven indicator has proven again and again to be correct and reliable.

Is your indicator proven?